Core Insights - BTCS Inc. has announced a strategic partnership with Figment Inc. to launch the Staker Protection Plan, aimed at enhancing transaction inclusion and state preservation for high-value transactions [1][2] - WonderFi Technologies will be the first customer in the pilot program, which is expected to go live in March 2025 alongside Ethereum's Pectra update [2] Partnership and Pilot Program Highlights - The collaboration between BTCS and Figment emphasizes their commitment to advancing the blockchain ecosystem and addressing challenges in wider adoption [2] - Stakers on WonderFi's Bitbuy and Coinsquare platforms will be the initial beneficiaries of the Staker Protection Plan [2] Staker Protection Plan Benefits - The program aims to provide end-users with greater confidence in transaction inclusion and address complexities in high-value transactions [5] - It seeks to optimize staking rewards rate (SRR) for stakers through improved compliance and performance [5] Company Statements - Charles Allen, CEO of BTCS, highlighted the partnership as a foundation for staker empowerment and ecosystem growth, focusing on revenue growth and operational excellence [4] - Lorien Gabel, CEO of Figment, emphasized the partnership's role in driving innovation and enhancing the Ethereum ecosystem [4] - Dean Skurka, CEO of WonderFi, expressed confidence that the program will enhance validator operations and increase revenue for shareholders [4] Company Profiles - BTCS Inc. specializes in blockchain infrastructure technology, focusing on Ethereum operations and maximizing gas fee revenues through its branded block-building operation, Builder+ [6] - Figment provides staking infrastructure solutions for over 700 institutional clients, managing $15 billion in assets staked [7] - WonderFi is the largest regulated crypto trading platform in Canada, with over $2.2 billion in assets under custody, offering a range of financial services and products [8]
BTCS Unveils Strategic Partnership with Figment and WonderFi Leading its Staker Protection Plan